Economy and commerce
Trade
Cambodia’s trade with RCEP countries up 14.6 pct in Q1
Cambodia’s trade with Regional Comprehensive Economic Partnership (RCEP) countries reached $8.36 billion in the first quarter (Q1) of 2024, up 14.6 percent from $7.29 billion over the same period last year, said the Ministry of Commerce’s report released on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501472193/cambodias-trade-with-rcep-countries-up-14-6-pct-in-q1/
Cambodia’s garment, footwear, travel goods export up 20 pct in Q1
Cambodia exported $2,941 million worth of garment, footwear and travel products (GFTs) to international markets in the first quarter of 2024, up 20 percent from 2,449 million dollars over the same period last year, said a report released by the Ministry of Commerce on April ...
Khmer Times Staff
https://www.khmertimeskh.com/501472270/cambodias-garment-footwear-travel-goods-export-up-20-pct-in-q1/
Cambodia’s trade with ASEAN up 19% in Q1
Cambodia’s trade with other ASEAN countries rose by 18.64 percent to $4.32 billion in the first quarter of this year, a report from the Ministry of Commerce showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501473546/cambodias-trade-with-asean-up-19-in-q1/
Cambodia’s plastic bag imports down 74.6 pct in Q1
Cambodia has reported a significant decline in the imports of plastic bags in the first quarter of 2024, thanks to an ongoing plastics-free campaign, said the Environment Ministry’s news release on April 10, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501471189/cambodias-plastic-bag-imports-down-74-6-pct-in-q1/
PM highlights important roles of trade policy advisory board
Prime Minister Hun Manet has underlined the key roles and responsibilities of the Trade Policy Advisory Board (TPAB) while presiding over the inaugural launch and first plenary session of the TPAB, held here at the Peace Palace on April 8, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501471214/pm-highlights-important-roles-of-trade-policy-advisory-board/
Stringent rules for meat importers soon, says GDCE
The General Department of Customs and Excise (GDCE) of Cambodia said that after a meeting with meat importers, it will be setting more stringent guidelines and conditions for those operating in this sector. ...
Rachel David
https://www.khmertimeskh.com/501470201/stringent-rules-for-meat-importers-soon-says-gdce/
OVOP movement gathering strength in Cambodia
The Seventh National Day for the promotion of Khmer products will be celebrated today (April 9), under the theme ‘Sustainable Production and Supply to the Market – One Village, One Product Movement.’ ...
Manoj Mathew
https://www.khmertimeskh.com/501469672/ovop-movement-gathering-strength-in-cambodia/
Rice exports earn $123 million in Q1
Cambodia exported 166,451 tons of milled rice in the first quarter (Q1) of 2024, down 5.7 percent from 176,581 tons in the same period last year, a report from the Cambodia Rice Federation (CRF) showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501469151/rice-exports-earn-123-million-in-q1/
CABS provides opportunity for regional connectivity, says MoC
Cambodia’s commitment and efforts in unleashing the broader ASEAN market and beyond cropped up for discussion on Monday evening during the cocktail networking event of the Cambodia-ASEAN Business Summit (CABS) at Sofitel Phnom Penh Phokeethra in the capital. ...
Nhean Chamrong
https://www.khmertimeskh.com/501466686/cabs-provides-opportunity-for-regional-connectivity-says-moc/
Promotion of Cambodia-Hong Kong trade and investment relations discussed
Cambodia and the Hong Kong Special Administrative Region (SAR) will promote their relationship, particularly in terms of trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501459806/promotion-of-cambodia-hong-kong-trade-and-investment-relations-discussed/
Cambodia’s rubber article exports rise 90 percent
Cambodia earned $215 million from the exports of rubber articles in the first two months of this year, an increase of 90 percent compared to the same period last year, according to the latest trade data of the General Department of Customs and Excise (GDCE). ...
Manoj Mathew
https://www.khmertimeskh.com/501458804/cambodias-rubber-article-exports-rise-90-percent/
Indonesia to import 22,500 tonnes rice from Cambodia for Eid al-Fitr
The Indonesian Government is planning to import 22,500 tonnes of rice from Cambodia to complement domestic stocks in meeting the needs ahead of Eid al-Fitr, the National Food Agency (Bapanas) stated. ...
Khmer Times Staff
https://www.khmertimeskh.com/501459050/indonesia-to-import-22500-tonnes-rice-from-cambodia-for-eid-al-fitr/
Three GI products identified for export to China
The Ministry of Commerce has identified three geographical indications (GI) products for exporting to the Chinese market, seeking support for promoting products in China. ...
Chea Vanyuth
https://www.khmertimeskh.com/501456271/three-gi-products-identified-for-export-to-china/
Cambodia earns $65 million from rice exports
Cambodia exported 90,153 tonnes of milled rice to international markets in the first two months of 2024, a decline of 7.2 percent from 97,153 tonnes during the same period last year, according to a report from the Cambodia Rice Federation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501454141/cambodia-earns-65-million-from-rice-exports/
Cambodia’s exports surge 22.7% in first two months
Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 ...
Manoj Mathew
https://www.khmertimeskh.com/501454157/cambodias-exports-surge-22-7-in-first-two-months/
Cambodia’s rice export down 7.2 pct in first 2 months of 2024
Cambodia had exported 90,153 tons of milled rice in the first two months of 2024, down 7.2 percent from 97,153 tons over the same period 2023, said a Cambodia Rice Federation’s report released on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501453280/cambodias-rice-export-down-7-2-pct-in-first-2-months-of-2024/
Mexico’s trade balance in Kingdom is likely to reach $400M this year
Mexico has trade deposits in all ASEAN countries and its trade balance with Cambodia, in particular, is likely to touch $400 million by the end of 2024. This was made possible through the huge trade surplus between Mexico and the United States, reaching over $150 ...
Nhean Chamrong
https://www.khmertimeskh.com/501453541/mexicos-trade-balance-in-kingdom-is-likely-to-reach-400m-this-year/
Cambodia, UK discuss ways to boost bilateral investment and trade cooperation
Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, received here on Monday the United Kingdom (UK) Minister for the Indo-Pacific, Rt Hon. Anne-Marie Trevelyan, discussing the bilateral cooperation on investment and trade, and UK backed-Green special economic zone project in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501451334/cambodia-uk-discuss-ways-to-boost-bilateral-investment-and-trade-cooperation/
PM’s Australia visit expected to stimulate trade
Prime Minister Hun Manet will make his first visit to the ASEAN-Australia Special Summit next month, with experts expecting the trip to boost trade between the two nations, as well as Australian investment in Cambodia. ...
Mao Sreypich
https://kiripost.com/stories/pms-australia-visit-expected-to-stimulate-trade
US and Cambodia seek to strengthen relations
Senior US officials met with Prime Minister Hun Manet during a visit aimed at boosting the relationship between the two countries, and to raise social issues that need to be resolved. ...
Meas Molika
https://kiripost.com/stories/us-and-cambodia-seek-to-strengthen-relations
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
Malaysian PM welcomes Manet, pledges closer ties
Following a one-day visit to Malaysia by Prime Minister Hun Manet, Cambodia and the predominantly Muslim nation have agreed to deepen their bilateral collaboration in various sectors. ...
Samban Chandara
https://www.phnompenhpost.com/national/malaysian-pm-welcomes-manet-pledges-closer-ties
Cambodia-ASEAN Business Summit slated for April
The Cambodian Chamber of Commerce (CCC) in collaboration with ASEAN Business Advisory Council Cambodia supported by the Cambodian Government will host the Cambodia-ASEAN Business Summit in April in Phnom Penh. ...
Chea Vanyuth
https://www.khmertimeskh.com/501445994/cambodia-asean-business-summit-slated-for-april/
PPAP reports robust growth amid recovery
The Phnom Penh Autonomous Port (PPAP), the Kingdom’s largest stock-listed river port, reported favourable business performance in the year’s first month, in line with the government’s projection of 6.6% economic growth, driven by global and regional economic improvements. ...
May Kunmakara
https://www.phnompenhpost.com/business/ppap-reports-robust-growth-amid-recovery